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Trading Tips

Trading Tips to make your trading better
Phil Newton's picture

Discretionary trade management on GBPUSD

Hi Folks, 

A good session in the Live Trading Room. 3 trades; 

  1. Scalpers to Target 2 (+15 +30 0), swing stopped out (-20x3)
  2. Swing trade to taraget 2 (+50 +100), Scalper all 3 targets (+15 +30 +45)
  3. Scalper all 3 targets hit (+15 +30 +45)

A good session all in all but very quiet with all the action happening early morning and late afternoon. One of the things that filtering trades with the trend is the ability to easily make some discretionary adjustments to targeting using some Simple Chart Reading to potentially shoot for a larger target.

Phil Newton's picture

FurQuad Core | Lazy Trade Management

Hi Folks, 

On this video I talk about being lazy! There was a situation this week with the initial signal bar to develop for a new direction immediately followed by a trade management bar. The difference in levels for trade management is negligible and simply being lazy and saying its not worth moving.

Watch this video!

This is really an exercise in common sense combined with being lazy.

Enjoy

Phil



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Phil Newton's picture

Trading Tip | Alternative Core Swing re-entry signal

Hi Folks,

This video highlights and alternative Core Swing re-entry signal. Particularly useful given the recent strategy changes with an increase in time frames

Enjoy

Phil

Watch this video!



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Phil Newton's picture

Trading Tip | Adding into a swing trade

Hi Folks,

This video takes a look at adding into a swing trade and the criteria that I would like to see to take a new swing trade on before the previous swing trade has been ran to its completion.

Enjoy

Phil

Watch this video!



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Phil Newton's picture

Trading Tip | Turn a messy chart into a clean chart

Hi Folks,

This video showing how I'm planning on changing the current messy charts that are developing into clean charts with a very simple solution.

I explored several options to try and combat the stop start price action being seen over the last several weeks. By going back to the root problem (messy chart) that is developing a more simple solution (clean chart) presented itself rather that trying to make several strategy adjustments.

Watch this video!

Enjoy

Phil



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Phil Newton's picture

FurQuad | Chop Filter update

Hi Folk,

A new video has been updated on the Chop Filter page as a strategy update

Enjoy

Phil

Watch this video!



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